What is Sovereign Gold Bonds? Is investing in Sovereign Gold
Bonds better than investing gold? Is it a good investment options for Middle
class Citizens?, and many other questions arise whenever any body talks about
investing in...
What is Professional Tax?
Professional tax is a tax that a state government levies on any individual who earns income through any medium. Unlike the name suggests, it is not just for professionals but for...
Announcement by The Institute of Chartered Accountants of India
Criteria for classification of Non-company entities for applicability of Accounting Standards. The Council, at its 400th meeting, held in March, 2021, considered the matter...
Ashish N. Vashi vs ITO
Facts of the case The assessee is an insurance agent, he used to collect cash from various parties and deposit them into his bank account and out of...
The DCIT Vs. M/s.Creative Trendz Pvt. Ltd.
Facts of the case
The assessee is a company engaged in the business of embroidery of cloth and job work. The assessee filed its Return of...
Ever heard of businessmen exploring the idea of using an asset on a rental basis on account of a shortage of finance to buy the asset.
In terms of finance, the term ‘Lease’ is defined...
What is Virtual CFO?
Virtual CFO (or vCFO for short) stands for virtual Chief financial officer. A virtual CFO is an outsourced service provider offering high skill assistance in financial requirements of an organization, just like a chief financial...